Japan: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Japan

In 2021, after two years of decline, there was growth in the Japanese tungsten halogen lamp market, when its value increased by 2.7% to $X. Overall, consumption, however, showed a noticeable decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Production in Japan

In value terms, tungsten halogen lamp production rose slightly to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Tungsten Halogen Lamp Exports

Exports from Japan

In 2021, shipments abroad of tungsten halogen lamps increased by 37% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a pronounced curtailment. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main destinations of tungsten halogen lamp exports from Japan.

From 2012 to 2020, the biggest increases were recorded for Mexico (with a CAGR of +66.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Taiwan (Chinese) ($X) were the largest markets for tungsten halogen lamp exported from Japan worldwide, with a combined 64% share of total exports. These countries were followed by China, Singapore, South Korea, Hong Kong SAR, Mexico, Russia and the Netherlands, which together accounted for a further 28%.

Mexico, with a CAGR of +68.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2020, growing by 66% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2020, amid the top suppliers, the highest price was recorded for prices to Russia ($X per unit) and Mexico ($X per unit), while the average price for exports to Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Japan

In 2021, overseas purchases of tungsten halogen lamps increased by 1.5% to X units for the first time since 2013, thus ending a seven-year declining trend. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2013 with an increase of 15%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, tungsten halogen lamp imports rose rapidly to $X in 2021. Overall, imports, however, continue to indicate a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and South Korea (X units) were the main suppliers of tungsten halogen lamp imports to Japan, together accounting for 85% of total imports. These countries were followed by the United States, Vietnam, Poland and Mexico, which together accounted for a further 38%.

From 2012 to 2020, the biggest increases were recorded for Vietnam (with a CAGR of +17.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tungsten halogen lamp suppliers to Japan were Germany ($X), China ($X) and South Korea ($X), with a combined 63% share of total imports. The United States, Vietnam, Poland and Mexico lagged somewhat behind, together comprising a further 28%.

Vietnam, with a CAGR of +17.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average tungsten halogen lamp import price amounted to $X per unit, rising by 11% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Mexico ($X per unit), while the price for China ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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